China to allocate additional $205 million to fight the consequences of floods

The Chinese government has decided to allocate an additional 1.46 billion yuan (about $205 million) to work to eliminate the consequences of floods in affected regions of the country. China Central Television reported this on Friday.

The funds will come from the Ministry of Finance of the People’s Republic of China and the Ministry of Emergency Situations of the People’s Republic of China to support the recovery efforts of the flood-hit cities of Beijing and Tianjin, the northeastern provinces of Heilongjiang and Jilin, and the central province of Hebei. The focus will be on providing assistance to the population in disaster areas and the restoration of damaged residential buildings.

Taking into account the funds previously allocated by the central authorities, the total amount of the emergency fund for flood-affected areas of the country reached 7.73 billion yuan (about $1.08 billion).